It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. MORE

Human Resource Metrics are a crucial way of analyzing the successes and failures of your department’s outreach, influence, programs and processes. The data hidden within is an important catalyst for the development and change of both your strategies and those of the business. MORE

Talent management metrics are tools to measure the inflow, throughflow, and outflow of talent in your organization. This article will explain the use of talent management metrics and why they should be tracked by any HR department. This dashboard is often used to keep track of the most important talent management metrics. Before we list the talent management metrics, it’s important to define what ‘talent’ is. Talent management metrics examples. MORE

Kyle Lagunas, talent acquisition research manager at IDC , pointed out that no recruiter is going to claim recruitment metrics aren't important. At his core, Lagunas is a data guy, urging talent teams to move past vanity metrics that only serve to prove how much work recruiters are doing. MORE

How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people. MORE

How clear is the line of sight between your performance pay programs, strategically linked performance metrics and the organizational strategy? If managers focus solely on the metric, they exhibit what is known as surrogation. Image courtesy of Electronic Arts. MORE

HR needs to be in the c-suite and have a seat at the table for talent acquisition to be a viable and well-supported aspect of an overall business strategy for all brands. Talent acquisition is the strategy. Metrics and data remove the mystery from the talent equation. MORE

Most human resources professionals worth their salt know the importance of recruiting metrics in improving the hiring process. Those that do may not even be tracking the right recruiting metrics! Here are 8 important recruiting metrics you must track today. MORE

According to LinkedIn's 2017 Global Recruiting Trends Report , "quality of hire" is the top recruiting metric that hiring managers care about—and for good reason. Quality of hire is also arguably the best metric to demonstrate the effectiveness of the recruiting department and its value as a strategic business function. The importance of demonstrating quality of hire is nothing new, but how do you actually measure this metric? MORE

Yet the most commonly monitored HR metrics do very little to deliver true insight into the workforce. And because of that mundane reaction, when CEO’s read our metrics they certainly don’t take any action.”. Join the People Strategy Revolution. MORE

Despite the essential, strategic role internal communications metrics play in their profession, many communicators shudder at the thought of crunching numbers. Even communicators leveraging digital tools are still figuring out how to make internal communications metrics materialize. Bottom line: there are several reasons why communicators aren’t measuring their strategies. Invest in systems that provide internal communications metrics. MORE

If high-level metrics are like seismic surveys, then data segmentation is like test drilling. With this new insight, a variety of strategies emerged. The simplest way for HR teams to use metrics to speak the language of the business is to align HR KPIs with the businesses KPIs. MORE

Since “Time to Fill” is a metric determined by how much time hiring managers (HMs) take to fill a position, it’s a terrible measure of recruiter productivity. Perform on metrics that matter, such as speed and quality. Recruiting strategies? MORE

In 1977, you founded the Saratoga Institute (SI), which is well-known for its work in human capital metrics. Is there a place in HR for both metrics and analytics? If they only had time to focus on a handful of metrics, which ones should they consider? MORE

Across the recruiting industry there is a push to become more metrics and data-driven, and that push comes from a logical place: If we don’t hire the people we need, our companies will be understaffed and resource-strapped. To review, KPIs are: Key – Focused on the most important metrics. MORE

I like to think of it this way: HR metrics tell you what happened in the past. Both of these metrics are valuable, but it’s not all the information we might need to make business decisions. Fitz-enz’s book “ How to Measure Human Resource Management ” is my go-to book for HR metrics.). MORE

Recommended Read: The Rise of the People Strategy Platform ]. Bridging the Gulf Between People and Business Strategy. As a result, they cannot connect that strategy to metrics the business cares about. MORE

These metrics just won’t cut it in a place like Silicon Valley, where skills and expertise (quality) trumps fast and cheap. Remember: For all these metrics there is a spectrum in terms of success. Must-have recruitment metric #2: Offer acceptance rate. MORE

Whether your organization is ready to adapt these new roles or wishes to coach current managers to be more effective, this updated article provides the key metrics you need to measure their success by. . Here are two distinct sets of metrics for each type of manager. MORE

In the Harvard Business Review Analytic Services (HBR-AS) study, How CEOs and CHROs Can Connect People to Business Strategy , 67 percent of CEOs say they get at least a basic set of human capital metrics from HR – but only 24 percent of survey respondents (made up of business and HR leaders from 168 companies) said HR also provides analytics that connect their people metrics to business metrics. Recommended Read: The Rise of the People Strategy Platform ]. MORE

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. MORE

As a result, business leaders are now using HR analytics t o help guide strategy and boost profits. I asked human resources experts to weigh in on the HR metrics that matter most, and why. #1 L uckily, there are many convenient productivity measures, says Langbert, who adds that these measures may combine using HR metrics with other analytics, such as sales. Labor productivity is a critical HR metric because it encompasses several important aspects of human resources. MORE

Having a solid grasp on HR metrics is the first step in adapting to our data-driven world. In other words, are your HR metrics easily translatable into the language of your business (money)? If not, it may be time to rethink and redesign your HR metricsstrategy. MORE

Having a solid grasp on HR metrics is the first step in adapting to our data-driven world. In other words, are your HR metrics easily translatable into the language of your business (money)? If not, it may be time to rethink and redesign your HR metricsstrategy. MORE

Succession planning is, at its best, the crux of your company's talent management strategy. At Cornerstone, we've focused on identifying five key metrics to gauge existing talent and help current employees grow: 1) Potential. MORE

Brandon Hall Group’s recent research reported that quality of hire is the most important talent acquisition metric for 92% of organizations. The post HCMx Radio: Quality of Hire is the Most Important Metric appeared first on Brandon Hall Group. MORE

The post These 5 HR Metrics Will Transform Your Workforce Management Strategy appeared first on HRIS - Compare HR Software Blog How do you make decisions in the HR department? Do you go with your gut? Or have you started following the growing trend toward data-based decision-making? MORE

Yet the most commonly monitored HR metrics do very little to deliver true insight into the workforce. And because of that mundane reaction, when CEO’s read our metrics they certainly don’t take any action.”. Join the People Strategy Revolution. MORE

While HR is often measuring and presenting tactical metrics, the most important key performance indicators (KPIs) should be around supporting and advancing the value of the company through the strategic objectives. MORE

How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people. MORE

The 3 Key Metrics in HR Predictive Analytics. Knowing these three-key metrics in HR predictive analytics may be useful. Then developing strategies to support it. The post The Future of HR: 10 Strategies for Every Human Resources Team appeared first on hr bartender. MORE

Employee tenure is one of the oldest human capital metrics. But research indicates tenure is a valuable metric of workforce stability that can help companies maintain steady performance in a world of accelerating change. But tenure is not a trivial metric to be ignored. MORE

Andy Campbell, HCM Strategy Director at Oracle. HR leaders have a love/hate relationship with metrics. Let’s begin with the positive: metrics add structure to the way HR teams work and help guide their decision-making. MORE

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals.

In 1977, you founded the Saratoga Institute (SI), which is well-known for its work in human capital metrics. Is there a place in HR for both metrics and analytics? If they only had time to focus on a handful of metrics, which ones should they consider?

Whether your organization is ready to adapt these new roles or wishes to coach current managers to be more effective, this updated article provides the key metrics you need to measure their success by. . Here are two distinct sets of metrics for each type of manager.

Human Resource Metrics are a crucial way of analyzing the successes and failures of your department’s outreach, influence, programs and processes. The data hidden within is an important catalyst for the development and change of both your strategies and those of the business.

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals.

The post These 5 HR Metrics Will Transform Your Workforce Management Strategy appeared first on HRIS - Compare HR Software Blog How do you make decisions in the HR department? Do you go with your gut? Or have you started following the growing trend toward data-based decision-making?

Despite the essential, strategic role internal communications metrics play in their profession, many communicators shudder at the thought of crunching numbers. Even communicators leveraging digital tools are still figuring out how to make internal communications metrics materialize. Bottom line: there are several reasons why communicators aren’t measuring their strategies. Invest in systems that provide internal communications metrics.

Most human resources professionals worth their salt know the importance of recruiting metrics in improving the hiring process. Those that do may not even be tracking the right recruiting metrics! Here are 8 important recruiting metrics you must track today.

Succession planning is, at its best, the crux of your company's talent management strategy. At Cornerstone, we've focused on identifying five key metrics to gauge existing talent and help current employees grow: 1) Potential.

I like to think of it this way: HR metrics tell you what happened in the past. Both of these metrics are valuable, but it’s not all the information we might need to make business decisions. Fitz-enz’s book “ How to Measure Human Resource Management ” is my go-to book for HR metrics.).

Human Resource Metrics are a crucial way of analyzing the successes and failures of your department’s outreach, influence, programs and processes. The data hidden within is an important catalyst for the development and change of both your strategies and those of the business.

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals.

According to LinkedIn's 2017 Global Recruiting Trends Report , "quality of hire" is the top recruiting metric that hiring managers care about—and for good reason. Quality of hire is also arguably the best metric to demonstrate the effectiveness of the recruiting department and its value as a strategic business function. The importance of demonstrating quality of hire is nothing new, but how do you actually measure this metric?

These metrics just won’t cut it in a place like Silicon Valley, where skills and expertise (quality) trumps fast and cheap. Remember: For all these metrics there is a spectrum in terms of success. Must-have recruitment metric #2: Offer acceptance rate.

Having a solid grasp on HR metrics is the first step in adapting to our data-driven world. In other words, are your HR metrics easily translatable into the language of your business (money)? If not, it may be time to rethink and redesign your HR metricsstrategy.

Yet the most commonly monitored HR metrics do very little to deliver true insight into the workforce. And because of that mundane reaction, when CEO’s read our metrics they certainly don’t take any action.”. Join the People Strategy Revolution.

Whether you’re more inclined to follow the Bureau of Labor unemployment rate at 4.1%, or put more stock into Gallup’s “real unemployment” metric sitting at 7.9%, the implications are clear; the American workforce has options.

Yet the most commonly monitored HR metrics do very little to deliver true insight into the workforce. And because of that mundane reaction, when CEO’s read our metrics they certainly don’t take any action.”. Join the People Strategy Revolution.

As a result, business leaders are now using HR analytics t o help guide strategy and boost profits. I asked human resources experts to weigh in on the HR metrics that matter most, and why. #1 L uckily, there are many convenient productivity measures, says Langbert, who adds that these measures may combine using HR metrics with other analytics, such as sales. Labor productivity is a critical HR metric because it encompasses several important aspects of human resources.

How clear is the line of sight between your performance pay programs, strategically linked performance metrics and the organizational strategy? If managers focus solely on the metric, they exhibit what is known as surrogation. Image courtesy of Electronic Arts.

Recommended Read: The Rise of the People Strategy Platform ]. Bridging the Gulf Between People and Business Strategy. As a result, they cannot connect that strategy to metrics the business cares about.

How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people.

How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people.

Employee tenure is one of the oldest human capital metrics. But research indicates tenure is a valuable metric of workforce stability that can help companies maintain steady performance in a world of accelerating change. But tenure is not a trivial metric to be ignored.

Having a solid grasp on HR metrics is the first step in adapting to our data-driven world. In other words, are your HR metrics easily translatable into the language of your business (money)? If not, it may be time to rethink and redesign your HR metricsstrategy.

In the Harvard Business Review Analytic Services (HBR-AS) study, How CEOs and CHROs Can Connect People to Business Strategy , 67 percent of CEOs say they get at least a basic set of human capital metrics from HR – but only 24 percent of survey respondents (made up of business and HR leaders from 168 companies) said HR also provides analytics that connect their people metrics to business metrics. Recommended Read: The Rise of the People Strategy Platform ].

The 3 Key Metrics in HR Predictive Analytics. Knowing these three-key metrics in HR predictive analytics may be useful. Then developing strategies to support it. The post The Future of HR: 10 Strategies for Every Human Resources Team appeared first on hr bartender.

Andy Campbell, HCM Strategy Director at Oracle. HR leaders have a love/hate relationship with metrics. Let’s begin with the positive: metrics add structure to the way HR teams work and help guide their decision-making.

Kyle Lagunas, talent acquisition research manager at IDC , pointed out that no recruiter is going to claim recruitment metrics aren't important. At his core, Lagunas is a data guy, urging talent teams to move past vanity metrics that only serve to prove how much work recruiters are doing.

Talent management metrics are tools to measure the inflow, throughflow, and outflow of talent in your organization. This article will explain the use of talent management metrics and why they should be tracked by any HR department. This dashboard is often used to keep track of the most important talent management metrics. Before we list the talent management metrics, it’s important to define what ‘talent’ is. Talent management metrics examples.

While HR is often measuring and presenting tactical metrics, the most important key performance indicators (KPIs) should be around supporting and advancing the value of the company through the strategic objectives.

HR needs to be in the c-suite and have a seat at the table for talent acquisition to be a viable and well-supported aspect of an overall business strategy for all brands. Talent acquisition is the strategy. Metrics and data remove the mystery from the talent equation.

Brandon Hall Group’s recent research reported that quality of hire is the most important talent acquisition metric for 92% of organizations. The post HCMx Radio: Quality of Hire is the Most Important Metric appeared first on Brandon Hall Group.

Since “Time to Fill” is a metric determined by how much time hiring managers (HMs) take to fill a position, it’s a terrible measure of recruiter productivity. Perform on metrics that matter, such as speed and quality. Recruiting strategies?

Across the recruiting industry there is a push to become more metrics and data-driven, and that push comes from a logical place: If we don’t hire the people we need, our companies will be understaffed and resource-strapped. To review, KPIs are: Key – Focused on the most important metrics.

If high-level metrics are like seismic surveys, then data segmentation is like test drilling. With this new insight, a variety of strategies emerged. The simplest way for HR teams to use metrics to speak the language of the business is to align HR KPIs with the businesses KPIs.